Mr.Market's Weekly Laggards Report
(SEPTEMBER 14, 2018, PART 2: LAGGARDS this week)
|Edward Rooster||Sep 16, 2018|
On to Rooster360’s weekly update for LAGGARDS - ideas which are still on the Master Ideas Universe which are underperforming, covering up to the end of Q2 2018 / June 2018. These ideas’ most recent weekly closing price have not yet hit their suggested initial stop loss exit price or most recent updated stop loss exit price. Either way, it’s an early warning that a potential long or short following idea may “fail”. Faster or short-term traders might be doing well with these same ideas for entirely different reasons or with different time frames and techniques. Swing-traders might be making hay out of these same ideas.
LONG LAGGARD charts of interest this week include the following ideas:
SELL / AVOID / SHORT laggards this week include the following. As with LONG laggards, these are underpeforming ideas which whose most recent weekly close price has not yet “hit” the most recent suggested stop loss price on the master ideas universe. Some will use both laggard lists as watch lists for early warning alerts or as shopping watch lists. All I can say is that from my weekly price following approach, if an idea looks weak as a either a LONG or SELL, then I would be cautious.